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Berman Tabacco Investigates the Board of Directors of Endurance International Group, Inc. Following Announcement of Acquisition by Clearlake Capital Group, L.P.

·2 min read

BOSTON, MA / ACCESSWIRE / November 5, 2020 / Berman Tabacco (www.bermantabacco.com) is investigating potential claims against the board of directors of Endurance International Group, Inc. ("Endurance" or the "Company") (NASDAQ:EIGI) in connection with its acquisition by affiliates of Clearlake Capital Group, L.P. ("Clearlake").

According to Company documents, the all-cash acquisition is valued at approximately $3 billion, with Clearlake acquiring Endurance for $9.50 per share. Goldman Sachs and Centerview Partners served as financial advisors for this deal.

Berman Tabacco is investigating the process by which the Board of Directors negotiated the Merger Agreement and whether it was at arms'-length, free of improper conflicts of interest, and adequately disclosed to Endurance's shareholders. Among the goals of this investigation is to determine whether the Board or other Company insiders may have breached their fiduciary duties.

If you own common stock of Endurance and purchased any shares before September 28, 2020, and you would like more information regarding this investigation, or if you wish to share information that will assist with this investigation, please visit https://www.bermantabacco.com/case/endurance-international-holdings-group-inc/. You may also contact Dalton Rodriguez at 1-800-516-9926 or by email at DRodriguez@BermanTabacco.com.

Berman Tabacco is a national law firm representing institutions and individuals in lawsuits, seeking to recoup losses caused by corporate and board misconduct and violations of the securities and antitrust laws. The firm has offices in Boston, Massachusetts, and San Francisco, California.

This notice may constitute attorney advertising.

CONTACT:

Dalton Rodriguez
1-800-516-9926
DRodriguez@BermanTabacco.com

SOURCE: Berman Tabacco



View source version on accesswire.com:
https://www.accesswire.com/614788/Berman-Tabacco-Investigates-the-Board-of-Directors-of-Endurance-International-Group-Inc-Following-Announcement-of-Acquisition-by-Clearlake-Capital-Group-LP